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European Insurance and Occupational Pensions Authority
 

3323

Q&A

Question ID: 3323

Regulation Reference: (EU) 2017/653 - PRIIPs Delegated Regulation for key information document, (EU) No 1286/2014 - PRIIPs Regulation

Topic: Packaged retail and insurance-based investment products (PRIIPs)

Article: Point 78 of Annex VI of the PRIIPs Delegated Regulation; Article 6(1) of PRIIPs Regulation

Status: Under Review

Date of submission: 11 Apr 2025

Question

Point 78 of Annex VI of the PRIIPs Delegated Regulation states that ‘the cost indicators in percentage terms shall be expressed to one decimal place’. Some products have low costs, such as an annual cost impact of below 0.2% and in this context it is relevant to compare between products at the level of more than one decimal place. In this case, taking into account that the KID shall be ‘accurate, fair, clear and not misleading’, should the cost indicators be shown to two decimal places?